Jaffar Sathick
Procurement Manager
Dubai
Summary of Career
1. Results-oriented, highly productive procurement management professional with a demonstrated ability to significantly reduce procurement costs by standardizing processes, negotiating favorable terms and streamlining supplier channels.
2. Exemplary relationship building and problem solving skills that foster vendor trust and dependability.
3. Having a proven ability to ensure that a company enjoys a competitive edge when compared to their competitors by securing the best quality, price and terms from suppliers.
4. Drove increases in revenue and margin while delivering on quality, price, process and efficiency. Managed company's procurement and strategic sourcing with over $20 million in spend.
5. Negotiated terms and conditions favorable to the organization considering quality, delivery and price.
6. Conducted a price analysis on all vendor quotes and services to determine most desirable and cost effective suppliers. This resulted in savings of approximately 20-50% or more.
7. Collaborated with IT to transition purchasing/inventory management system from an outdated custom system to Online Supply Chain Management System.
8. Cultivated solid business relationship with different suppliers that enabled us to receive deferred payment terms from them.
9. Lead the research and analysis of market trends and best practice to ensure sourcing and procurement strategies and approaches are current, risks are identified and governance frameworks are effective, and insight is gained through the analysis of costs, benefits and supply markets.
10. Identified and managed commercial, contractual, operational, financial, reputational, ethical and supply chain risks to minimize negative impacts on organizational objectives while encouraging opportunity and innovation.
Bachelor 01 May 2008
Bachelor of Engineering - Electrical and Electronics